China’s embattled film industry on track for recovery
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For now, it remains unclear whether China's box office sales in 2023 will be able to top 2021’s record, but analysts are optimistic.
PHOTO: LIANHE ZAOBAO FILE
BEIJING - Ticket sales at China’s box office for the first five days of the week-long Chinese New Year break have surpassed the figure for the same period in 2022, as the world’s biggest film industry recovers from setbacks due to the country’s strict zero-Covid policy of the past three years.
Latest figures from Maoyan, a Hong Kong-listed entertainment company, showed that box office sales in China hit 5.7 billion yuan (S$1.1 billion) as at 5.30pm on Thursday, 12 per cent higher than the 5.1 billion yuan for the same five-day period in 2022.